Green investment resumes growth in Southeast Asia, but falls short of emission reduction targets

Southeast Asia faces the conflicted challenge of meeting the rising need for affordable and reliable energy while simultaneously cutting emissions. (Photo: iStock)

Green transformation investment in Southeast Asia has resumed growth, increasing significantly by 20% in 2023. However, it remains far from sufficient to achieve emissions reduction goals. The latest research describes the situation as “woefully off track” and urges governments to enact clearer policies. If development proceeds smoothly, it is estimated that an additional income about 300 billion USD per year could be generated.